Instytucjonalne uwarunkowania wspólnej polityki pieniężnej w Unii Gospodarczej i Walutowej

Michał Laskowski

doi:10.18778/2082-4440.16.02

Authors

Michał Laskowski Uniwersytet Łódzki, Wydział Ekonomiczno-Socjologiczny, Katedra Międzynarodowych Stosunków Gospodarczych

DOI:

https://doi.org/10.18778/2082-4440.16.02

Keywords:

monetary policy, institutional matrix, central banking

Abstract

This paper aims to examine changes, which appeared within institutional framework of monetary policy in the Economic and Monetary Union after the crisis of 2008. Theoretical base for research was the new institutionalism under the methodological principles and criteria prepared by Douglass North. The analysis consist of two steps. The first describes institutional matrix of monetary policy in EMU. The second compares formal and informal institutions of monetary policy in the Eurozone before and after 2008. The analysis revealed, that changes have been made in monetary policy principles and tools. Nevertheless, institutional matrix was not changed.

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